Schroder Japan Trust (LON:SJG) Sets New 1-Year High – What’s Next?
by Michael Walen · The Markets DailySchroder Japan Trust (LON:SJG – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 314 and last traded at GBX 314, with a volume of 71430 shares traded. The stock had previously closed at GBX 313.
Schroder Japan Trust Stock Down 0.3%
The firm’s 50-day moving average is GBX 304.51 and its 200-day moving average is GBX 283.67. The company has a market cap of £358.59 million, a PE ratio of 17.32 and a beta of 0.48.
Schroder Japan Trust (LON:SJG – Get Free Report) last posted its quarterly earnings data on Thursday, October 9th. The company reported GBX 6.91 earnings per share for the quarter. Schroder Japan Trust had a return on equity of 18.12% and a net margin of 99.53%.
Insider Buying and Selling
In related news, insider Helena Coles acquired 708 shares of the firm’s stock in a transaction dated Friday, November 28th. The stock was bought at an average price of GBX 307 per share, for a total transaction of £2,173.56. 0.31% of the stock is owned by company insiders.
About Schroder Japan Trust
The Japanese equity market currently offers a compelling long-term investment opportunity. Several developments that are unique to Japan should combine to support sustained corporate earnings growth and increasing valuation multiples in the years ahead. With one of the best performance track records in its sector and a disciplined, active investment approach, SJG is an excellent way of gaining exposure to Japan’s exciting potential.